A major milestone has been reached for one of Phnom Penh’s most anticipated condominium developments as Time Square 9 – The Gatsby Residence officially celebrates its groundbreaking ceremony on June 8, 2026.
Located on the prestigious Street 278 in BKK1, the project marks another significant addition to the growing portfolio of MegaKim World Corp, one of Cambodia’s most active and trusted condominium developers.
Following strong interest during its launch and pre-booking phase, the commencement of construction reinforces the developer’s commitment to delivering high-quality residential projects in Phnom Penh’s most sought-after locations.
For both homeowners and investors, the groundbreaking ceremony represents more than the start of construction, it signals the transformation of a highly anticipated vision into reality.
Inspired by the timeless sophistication of the Roaring Twenties, Time Square 9 introduces a distinctive architectural identity rarely seen in Cambodia’s condominium market.
Unlike conventional residential towers, The Gatsby Residence incorporates refined Art Deco influences throughout its design, creating a unique blend of classic luxury and modern urban living.
From its grand architectural features to carefully curated interior spaces, the development aims to capture the glamour, elegance, and prestige associated with the Gatsby era while providing residents with the conveniences expected from a modern high-rise development.
The result is a landmark residence designed to stand out within the rapidly evolving Phnom Penh skyline.
Residents of Time Square 9 will enjoy a wide range of lifestyle-focused facilities designed to enhance everyday living.
Planned amenities include:
The rooftop facilities are expected to become one of the project’s signature features, offering panoramic views across BKK1 and Phnom Penh’s expanding skyline.
BKK1 remains widely regarded as Phnom Penh’s premier residential and expatriate neighborhood.
Known for its vibrant lifestyle, international community, and strong rental demand, the district continues to attract professionals, diplomats, entrepreneurs, and long-term residents from around the world.
Time Square 9’s location on Street 278 places residents within close proximity to:
This strategic positioning not only offers convenience for residents but also supports long-term rental and capital appreciation potential for investors.
The groundbreaking ceremony also highlights the continued expansion of the successful Time Square brand.
MegaKim World Corp has built a strong reputation through projects such as:
By consistently delivering quality developments at competitive pricing, the company has earned the confidence of both local and international buyers.
Time Square 9 continues this tradition by offering an accessible entry point into one of Phnom Penh’s most exclusive neighborhoods while maintaining the design quality and construction standards expected from the developer.
As available development land in central BKK1 becomes increasingly scarce, new residential projects within the district continue to attract strong buyer interest.
Time Square 9 offers several advantages for investors:
One of Phnom Penh’s highest-demand rental markets with a strong expatriate tenant base.
Allowing both Cambodian and foreign buyers to legally own condominium units.
Starting from approximately $1,700 per square meter, offering attractive value compared to many comparable projects within the district.
Properties in central BKK1 have historically demonstrated strong capital appreciation due to limited land supply and ongoing demand.
Prime-location condominium developments in BKK1 have traditionally generated attractive rental returns for investors targeting expatriate tenants and professionals.
The official groundbreaking ceremony marks the beginning of the next chapter for Time Square 9.
With construction now underway, buyers who have already secured units can look forward to seeing progress on-site, while new investors still have an opportunity to participate in one of Phnom Penh’s most exciting residential developments.
As Cambodia’s capital continues its transformation into a modern regional city, projects like Time Square 9 demonstrate the growing demand for premium urban living in prime central locations.
For those seeking a combination of location, design, lifestyle, and investment potential, The Gatsby Residence remains one of the standout condominium opportunities currently available in Phnom Penh.
Interested buyers and investors can contact IPS Cambodia for the latest floor plans, pricing information, unit availability, and current promotional offers.
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